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China passes anti-sanctions law that ‘can target individuals, families, organisations’ — Sarah Zheng and Tony Cheung

Summary:
Upping the ante. The global economy is fracturing as countries assert sovereignty, which was repressed during globalization. The reasons are many but one is clear. No one really thought it through in terms of pros and cons, and costs versus benefits. Now the historical dialectic has swung in the other way in correction.SCMPChina passes anti-sanctions law that ‘can target individuals, families, organisations’Sarah Zheng and Tony CheungAlsoNotice the different spin.Yahoo FinanceChina passes anti-foreign sanctions lawAFP

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Upping the ante. 

The global economy is fracturing as countries assert sovereignty, which was repressed during globalization. The reasons are many but one is clear. No one really thought it through in terms of pros and cons, and costs versus benefits. Now the historical dialectic has swung in the other way in correction.

SCMP
China passes anti-sanctions law that ‘can target individuals, families, organisations’

Sarah Zheng and Tony Cheung

Also

Notice the different spin.

Yahoo Finance
China passes anti-foreign sanctions law
AFP
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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